Policy Search Results

• Submission in Response to Discussion Paper on Remuneration Clawbacks

  Content Type: Policy Submission

  30 Mar 2011

  This submission to Federal Treasury sets out our views on the Discussion Paper 'The clawback of executive remuneration where financial statements are materially misstated', released by the Federal Government on 20 December 2010. We noted our strong opposition to a mandated clawback provisi...

• Submission to Treasury on Exposure draft on the Corporations Amendment (Improving Accountability on Director and Executive Remuneration) Bill 2011

  Content Type: Policy Submission

  27 Jan 2011

  This submission to Federal Treasury sets out our views on the Exposure Draft of the Corporations Amendment (Improving Accountability on Director and Executive Remuneration) Bill 2011 (“the Draft Bill”) and accompanying Explanatory Memorandum (PDF), released by the Federal Government on 20 December 2...

• Submission to Treasury on amendments to s205G of the Corporations Act

  Content Type: Policy Submission

  02 Nov 2010

  On 2nd November the Australian Institute of Company Directors made a submission to Treasury supporting section 205G applying not just to listed companies but also to listed entities. Although this might involve extra compliance costs for listed entities not otherwise required to report that informat...

• Submission to CAMAC on executive remuneration

  Content Type: Policy Submission

  13 Aug 2010

  On 13 August 2010, the Australian Institute of Company Directors wrote to the Corporations and Markets Advisory Committee (CAMAC) setting out our views on the requirements that apply to remuneration reports and on simplification of the incentive components of executive remuneration arrangements. In ...

• Submission to ASX on proposed listing rule amendments

  Content Type: Policy Submission

  27 May 2010

  In a submission dated 27 May 2010 the Australian Institute of Company Directors provided its response to the Australian Securities Exchange’s Exposure Draft “Listing Rule Amendments- New Requirements for a Remuneration Committee and a Company Trading Policy”. The submission outlines broad support fo...

• Submission to ASXCGC Corporate Governance Principles and Recommendations ED

  Content Type: Policy Submission

  27 May 2010

  In a submission dated 27 May 2010 the Australian Institute of Company Directors provided its response to the ASX Corporate Governance Council’s Exposure Draft “Proposed Amendments to the ASX Corporate Governance Council Corporate Governance Principles and Recommendations”. The submission outlines br...

• Submission to Treasury on Audit Quality Review

  Content Type: Policy Submission

  07 May 2010

  This submission to Treasury is in response to the discussion paper entitled Audit Quality in Australia: A Strategic Review. As directors are ultimately responsible for the company’s financial reports and for the audit process, the Australian Institute of Company Directors is interested to ensure t...

• Submission to Treasury on Discussion Paper Insolvent Trading Safe harbour for reorgan

  Content Type: Policy Submission

  02 Mar 2010

  We are concerned that current laws on insolvent trading sometimes prevent the best stakeholder outcomes from being achieved. They make trading out of insolvency not only extremely risky but they prohibit it for the directors of a company in solvency stress. Each director faces being held personally ...

• Submission to ASX Public Consultation Listing Rule Amendments Company Policies on

  Content Type: Policy Submission

  26 Feb 2010

  The issue of director share trading is central to maintaining the integrity of Australia’s capital markets. AICD believes that the case for a listing rule proposed by ASX has not been properly made out. In support of a less prescriptive approach and the positive impact of strong regulatory oversight...

• AICD submission to ASIC on consultation paper 124 Duty to Prevent Insolvent Trading Guide f

  Content Type: Policy Submission

  22 Dec 2009

  AICD argues in this submission that the proposed guide has a useful educative purpose but that its limitations should be clearly acknowledged including that it does not represent the law or judicial interpretation. The guide fails to acknowledge at a number of levels the difference between the roles...

• AICD submission on Productivity Commission Discussion Draft on Executive Remuneration

  Content Type: Policy Submission

  06 Nov 2009

  On 6 November 2009 AICD wrote to the Productivity Commission expressing its views on a set of executive remuneration proposals released by the Commission on 30 September 2009. AICD commended the balanced and factual approach taken by the Commission, but expressed concern regarding some of the propos...

• AICD submission to Senate Economics Committee on termination payments

  Content Type: Policy Submission

  17 Jul 2009

  On 17 July 2009 AICD provided a submission to the Senate Economics Legislation Committee in response to its inquiry into the Corporations Amendment (Improving Accountability on Termination Payments) Bill 2009. The submission outlines AICD’s concerns with the Bill, including the proposed low threshol...

• AICD submission to Senate Economics Committee on employee share schemes

  Content Type: Policy Submission

  16 Jul 2009

  On 16 July 2009 AICD provided a submission in connection with the Inquiry being undertaken by the Senate Economics References Committee into Employee Share Schemes. In the submission AICD outlines its concerns with Federal Government proposals to reform the taxation arrangements for employee share p...

• Submission to Productivity Commission on remuneration inquiry

  Content Type: Policy Submission

  29 May 2009

  On 29 May 2009 AICD lodged a submission with the Productivity Commission in response to the Commission's Issues Paper titled "Regulation of Director and Executive Remuneration in Australia" (issued April 2009). The 70 page submission covers many different aspects of NED and Executive Remuneration, i...